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SalaryAbout the Company
Our client is a large financial services company. They are looking for a Manager of Financial Reporting who will lead a team of Senior Financial Analysts supporting the day-to-day Financial Reporting including quarterly and annual regulatory reporting
Why Work Here
- Very good work
- Supportive work environment by Management
- Training and Development opportunities
- Experienced Management team
About the Opportunity
Financial Reporting
- Review and approve monthly account reconciliations and journal entries of the Corporate Finance team
- Preparation and review of annual consolidated financial statements and note disclosures including financial statements of subsidiaries, pension plans and segregated funds
- Manage the quarterly OSFI Life-1 and LICAT regulatory reporting process including coordination with UK subsidiary
- Lead the preparation of audit schedules, prepared by client listings and coordination of year end timelines with auditors
- Assist other business areas with implementing operational processes including understanding risks and development of key controls and documentation of downstream accounting impacts
- Lead the quarterly end to end process for Risk Integrity (IFRS 17) runs for Finance and work closely with the Actuarial team to produce the quarterly financial results
- Review and analyze inputs to and outputs from Risk Integrity to ensure accuracy and completeness
- Assist in optimizing Financial Reporting and operational processes to streamline the close process
- Manage the integrity and accuracy of Financial and non-financial information in the general ledger and Financial Reporting systems
- Review data requirements and the impact on the source systems feeding the general ledger
- Review and approve all changes to information feeding the general ledger and other financial systems including new product development changes
- Assist with researching accounting policy treatment and documenting impact assessment for the company
- Review, assess and update procedural documentation impacting the corporate general ledger, Financial Reporting and the close process
- Implement all new accounting/reporting policies or changes to existing policies including training staff and assisting them to develop new procedures and controls to support these policies; monitor adherence to policies
- Ability to deal directly with senior management on various special projects and accounting/actuarial issues as required
- Deal directly with auditors and regulators to resolve issues
- Initiate process improvements as necessary for all accounting and reporting processes, within Finance and in other areas of the company
- University graduate with a major in finance/accounting preferred and professional accounting designation (CA, CPA)
- 5 - 10 years’ experience in a life insurance/financial institution reporting environment; public company experience is an asset
Salary Range
$100,000 - $130,000/year
How to Apply
Click the “Apply Now” button and follow the instructions to submit your resume. Please know that we only accept documents in MS Word or Rich Text formats.
When referencing this job, quote #392535
You must currently reside within the Greater Toronto Area and be permitted to work in Canada to be considered for this opportunity. A recruiter will be in touch with you if your profile meets our client’s requirements for this role.
Vaco values a diverse workplace and strongly encourages women, people of color, LGBTQ+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
EEO Notice
Vaco is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco LLC and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco LLC and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Privacy Notice
Vaco LLC and its parents, affiliates, and subsidiaries (“we,” “our,” or “Vaco”) respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco’s HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Pay Transparency Notice
Determining compensation for this role (and others) at Vaco depends upon a wide array of factors including but not limited to:
- the individual’s skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
